ESRB and Glass-Steagall Act: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Create the Page: Source: The European Banking Authority at a glance) |
imported>Doug Williamson (Link with Ring fence page.) |
||
| Line 1: | Line 1: | ||
''US.'' | |||
The Glass-Steagall Act, also known as the Banking Act of 1933, introduced banking reforms some of which were designed to control speculation. | |||
==See also== | |||
* [[ | The Act separated banks according to their business (commercial and investment banking). | ||
It also founded on a temporary basis the Federal Deposit Insurance Corporation (FDIC) for insuring bank deposits. FDIC was made permanent by the Federal Deposit Insurance Act (FDIA) of 1935. | |||
It was enacted as an emergency response to the failure of nearly 5,000 banks during the Great Depression. It was repealed in 1999. | |||
== See also == | |||
* [[Dodd-Frank]] | |||
* [[Great Depression]] | |||
* [[Regulation Q]] | |||
* [[Ring fence]] | |||
* [[Vickers Report]] | |||
Revision as of 14:19, 14 May 2017
US.
The Glass-Steagall Act, also known as the Banking Act of 1933, introduced banking reforms some of which were designed to control speculation.
The Act separated banks according to their business (commercial and investment banking).
It also founded on a temporary basis the Federal Deposit Insurance Corporation (FDIC) for insuring bank deposits. FDIC was made permanent by the Federal Deposit Insurance Act (FDIA) of 1935.
It was enacted as an emergency response to the failure of nearly 5,000 banks during the Great Depression. It was repealed in 1999.
